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10340-10368 Central Ave Montclair, CA 91763

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For Sale
$2,100,000

Value-add retail center in Montclair, California with investment and owner-user potential.

Type:Shopping Strip
Property size:
4,785 SF
Lot size:
0.65 Acres
Price / SF:
$438/SF
Added:
Apr 3, 2026
Days on Market:
21
Last Refresh:
Apr 3 at 4:54 am

Property Features for 10340-10368 Central Ave

General Information

Standard status
Active
Size
4,785 SF
Lot size
0.65 Acres
Property subtype
Shopping Strip

Building Details

Year Built
1964

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Listing Contact
Orbell Ovaness

Listing agent Orbell Ovaness License #CA: 01402142

Listing office Encino Office

Listing date Apr 3, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Encino Office


Overview

Montclair Retail Investment Opportunity

Located at 10340–10368 Central Avenue in Montclair, California, this multi-tenant retail center presents a value-add investment opportunity. The property offers a chance for an owner-user, particularly medical, dental, or professional practices, to occupy up to 57 percent of the center. The 4,785-square-foot property is situated on approximately 0.65 acres along Central Avenue, which experiences roughly 61,000 vehicles per day. The center features a mix of service and retail tenants, many with long-term occupancy. The site offers ground lease potential, as well as opportunities for repositioning or redevelopment. Month-to-month tenants provide flexibility to convert a portion of the building into medical or professional space. The landlord has completed upgrades to the roof, HVAC systems, and parking lot. The improved parking lot supports medical uses by offering an above-average parking ratio. The surrounding trade area within a five-mile radius of Montclair has approximately 487,000 residents and 150,000 households, with a population density exceeding 22,000 people per square mile. Proximity to Interstate 10 and major employment hubs ensures traffic and demand for retail and services. The property combines in-place income, capital improvements, and value-add strategies in a high-demand market. It offers flexibility, upside, and strategic positioning along a major corridor. The property is suitable for investors seeking a retail asset with cash flow and long-term upside.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Montclair
County
San Bernardino
State
California
Longitude
-117.6899531
Latitude
34.0658541

FAQs

What type of property is this?
Strip mall - Value-add retail center in Montclair, California with investment and owner-user potential.
Where is this strip mall located?
The property is located at 10340-10368 Central Ave Montclair, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Value‑add opportunity with ground lease, repositioning, or redevelopment potential.; **Prime location on Central Avenue with high traffic count (61,000 vehicles per day).**; **Owner‑user opportunity to occupy up to 57% of the property, ideal for medical/dental/professional practices, with SBA financing potential.**
More about this property
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